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31 Howard Street,
Burrum Heads 4659, Queensland

6 bedrooms
5 bathrooms
5 car spaces
1,012m² land size
Block of Units

$730,000


Property details

Features

  • Beaches
  • Boat ramps
  • Close to shops

OUTSTANDING INVESTMENT PROPERTY

If you are searching for an amazing investment property with boundless future potential then look no further! This property is situated just 2 streets from the water in beautiful Burrum Heads. Not only are there 5 separate units all producing income, but the block has 2 titles, for future development this has so much potential!

Future ideas for this property could be: keep as is and have a great return on your money, live in one of the units and still have a great income, subdivide, remove the front building and build a new home keeping the back units as long term rentals or Airbnb units for an income!!! The potential here is huge! (all STCA)

* ALL 5 UNITS ARE CURRENTLY TENANTED AND RETURNING $1130 GROSS PER WEEK

In a snapshot this property features:
* 3 units to the rear - these are studio units each containing a bathroom, kitchenette, open plan lounge/bedroom, carport, plus a shared laundry
* 2 units to the front - these units share a double carport and are set up as:
Upstairs - 2 bedrooms, combined lounge/dining and kitchen area, bathroom with laundry facilities, plus storage room
Downstairs - 1 bedroom, combined lounge/dining and kitchenette area, bathroom and separate laundry room
* All units are separately metered for electricity.
* Front & back units are on two (2) separate titles (lots 1 & 2)
* 5KW solar system
* 1012m2 level block

This great property is situated just 2 minutes from medical centre, boat ramp, shops, tavern and petrol station, and just 25 minutes to Hervey Bay. Why not secure a high return on your investment with assured capital gains for the future. There are so few investment opportunities like this along the Queensland coast, so be sure to have a look.

* please note inspections need a minimum of 48 hours notice

CALL NOW FOR MORE INFORMATION

Explore the area


School catchments

  • Howard State School Primary Prep-6 Government 16.1km
  • Torbanlea State School Primary Prep-6 Government 18.1km
  • Xavier Catholic College Combined Prep-12 Catholic 22.4km
  • Yarrilee State School Primary Prep-6 Government 22.6km
  • Goodwood State School Primary Prep-6 Government 23.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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